Nable Communications, Inc. (KOSDAQ:A153460) announces a share repurchase program. Under the program, the company will repurchase up to 150,000 shares for KRW 889.5 million based on the closing price of stock as of December 1, 2014. The shares will be repurchased on the exchange.

The purpose of this program is to stabilize stock price and the enhancement of the shareholders' value. The maximum number of shares that can be repurchased on any single day is limited to 21,261 common shares. The plan will continue until March 2, 2015.

As of December 1, 2014, the company had nil shares in treasury under the dividend capacity as well as under other buyback capacities.